CID Holdco (NASDAQ:DAIC) Trading 0.2% Higher – Here’s What Happened

CID Holdco, Inc. (NASDAQ:DAIC) traded up 0.2% on Thursday . The company traded as high as $0.2995 and last traded at $0.2995. 35,765 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 350,592 shares. The stock had previously closed at $0.2990.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CID Holdco in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, CID Holdco has an average rating of “Sell”.

CID Holdco Price Performance

The company’s fifty day moving average is $0.54 and its 200-day moving average is $2.19.

CID Holdco (NASDAQ:DAIC) last released its quarterly earnings results on Thursday, November 13th. The company reported ($0.15) earnings per share for the quarter. The firm had revenue of $0.78 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Blue Owl Capital Holdings LP purchased a new position in shares of CID Holdco in the fourth quarter worth approximately $251,000. Bank of America Corp DE bought a new position in CID Holdco in the second quarter worth approximately $2,267,000. Mutual Advisors LLC purchased a new position in shares of CID Holdco during the 3rd quarter worth $701,000. Moore Capital Management LP purchased a new position in shares of CID Holdco during the 3rd quarter worth $398,000. Finally, Highbridge Capital Management LLC purchased a new stake in shares of CID Holdco in the 2nd quarter worth $513,000.

CID Holdco, Inc is a manufacturing company in the Computer Software industry.